Austral Group S.A.A. announced unaudited earnings and operating results for the second quarter and first half ended June 30, 2017. For the quarter, the company reported operating revenue of NOK 489.319 million against NOK 54.964 million a year ago. EBITDA was NOK 181.102 million against loss of NOK 28.093 million a year ago. EBIT ex. impairment was NOK 133.018 million against loss of NOK 71.619 million a year ago. EBIT was NOK 134.035 million against loss of NOK 70.097 million a year ago.

For the first half, the company reported operating revenue of NOK 923.329 million against NOK 476.788 million a year ago. EBITDA was NOK 268.636 million against NOK 49.742 million a year ago. EBIT ex. impairment was NOK 173.242 million against loss of NOK 33.999 million a year ago. EBIT was NOK 175.463 million against loss of NOK 30.518 million a year ago.

For the quarter, the company has reported total volume of 217,000 MT against 53,000 MT a year ago.

For the first half, the company has reported total volume of 284,000 MT against 90,000 MT a year ago.

The company expects total volume to be 486,000 MT for the year 2017.